Search Results for: retirement

As technological and medical advancements increase the average human lifespan, our society has had to re-evaluate its approach to the traditional work model and target retirement ages. In fact, a new survey conducted by Harris Poll for TD Ameritrade recently found that at least one-third of Americans aged 40 or older plan to continue working past the traditional retirement age of 65. There are also plenty people who retire for a while then return to the workforce a few years later. It’s worth noting that financial reasons aren’t always the motivating factor for someone to go back to work; some people want access to more mental stimulation, socializing opportunities and/or emotionally fulfilling activities than what traditional retirement can offer. This … Read more

Sooner than you think, there will come a time when you can no longer work. Perhaps you have grown too tired of the daily grind, or perhaps your fading health will prevent you from maintaining lasting employment. Regardless of the reason, you will need to retire. Unfortunately, most Americans aren’t adequately prepared for retirement. A 2019 study found that 64 percent of Americans lack sufficient retirement savings, and an astonishing 48 percent of them are apathetic about their lack of retirement plans. Many of these Americans believe that they will be able to survive their retirement on Social Security benefits alone. Indeed, the Social Security Act of 1935 designed the program to provide for the nation’s seniors and ensure sufficient … Read more